The latest report by IMARC Group, titled "Europe Aluminium Powder Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," finds that the Europe aluminium powder market size reached 149,400 Tons in 2022. Aluminium powder is a granular substance obtained by melting and spraying aluminium ingots in a gas furnace under high pressure. It is odorless, highly flammable, lightweight, and can undergo exothermic reactions when oxidized. In addition, it is widely available in four forms, namely atomized aluminium powder, aluminium flake powder, paste, and pigment powder. Owing to these properties, aluminium powder is extensively used to formulate explosives, paints, printing inks, chemicals, reflective roof coatings, and autoclaved aerated concrete.
Europe Aluminium Powder Market Trends:
The market is primarily driven by rising product adoption across various end-use industries. For instance, aluminium powder is used in the military and defense, and aerospace industries to launch rockets. In addition, it is utilized in the automotive industry to manufacture sealants and automobile paints. Besides this, the increasing utilization of aluminium powder in the formulation of silver metallic paints and automotive sealants is also augmenting the market growth. Moreover, with the growing concerns regarding environmental degradation and the surging need to minimize energy consumption and operating costs, key players are adopting green manufacturing practices. This, coupled with the extensive product applications in the construction industry for producing lightweight concrete is creating a positive market outlook across the globe. Furthermore, as aluminium powder shows high corrosion resistance and is effective in enhancing the lifespan of the product, it is used in the electronics industry as the main ingredient to produce solar cells, thus propelling the market growth. Looking forward, IMARC Group expects the market to reach 156,700 Tons by 2028.
- Based on technology, the market has been bifurcated into air atomization and others.
- On the basis of the end use, the market has been segmented into industrial, automotive, chemical, construction, explosive, defense and aerospace, others.
- Based on the raw material, the market has been classified into aluminium ingots and aluminium scrap.
- On the geographical front, the market has been divided into Germany, France, the United Kingdom, Italy, Spain, and others.
- The competitive landscape of the market has been examined in the report, with detailed profiles of key players operating in the industry.
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